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Cryptos flash-crashed 10-30% during the weekend.
recovered half of the losses by now
recovered half of the losses by now
Buy low, sell high!
Altogether now!!! HUAT AH!!!
If you HODL you will win in the long run, just keep stacking and hodling!everyone also think and use this strategy ... but almost all end up Buy hi Sell lo ...![]()
That means price will drop even moreStandard Chartered still sees bitcoin hitting $500,000 despite recent selloff
PUBLISHED THU, FEB 27 2025 9:44 AM EST
Ryan Browne@RYAN_BROWNE_
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KEY POINTS
- Geoffrey Kendrick, head of digital assets research at Standard Chartered, believes bitcoin will hit the $200,000 mark this year before climbing even further to $500,000 in the coming years.
- "As the industry becomes more institutionalized, it should be safer," Kendrick told CNBC, adding this should result in fewer negative headlines like the recent $1.5 billion hack on crypto exchange Bybit.
- Bitcoin earlier this week sank to a three-month low below $90,000 amid declines in global equity markets.
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Jakub Porzycki | Nurphoto | Getty Images
Standard Chartered's bullish crypto analyst still sees bitcoin's price hitting $500,000 during Donald Trump's presidency — even after a selloff that sank the world's largest digital currency to a three-month low.
Geoffrey Kendrick, who heads up digital assets research at Standard Chartered, told CNBC he believes bitcoin will hit the $200,000 mark this year before climbing even further in the coming years.